Windows in Financial Services

VTB 24, one of Russia’s largest retail banks, has invested in endpoint device control security to prevent data leaks and uncontrolled use of locally connected devices from employees’ computers.
The company is deploying an endpoint security software from DeviceLock, an international firm with offices in San Ramon, CA, London, Milan, and Ratingen, Germany. DeviceLock’s Microsoft-based technology [...]

Despite the implementation challenges, software-oriented architecture (SOA) can be a great vehicle for streamlining and expanding financial services offerings. Insurance provider Unum is now finding this out through an ambitious joint effort by business and technology specialists to build a new self-service portal for small to medium-sized business (SMB) customers.

Unum’s new SOA-based Internet portal allows [...]

For sell-side organizations, good customer relations are the key to revenue generation. But providing high-quality customer service means first knowing what the client wants, and then being proactive in meeting its demands. So when Scotia Capital wanted to upgrade its legacy customer relationship management capabilities it turned to Salentica Systems, a Microsoft Dynamics CRM partner [...]

The challenges facing Wall Street are causing a dramatic increase in the need for processing power but companies are already near their limit in terms of energy consumption and space, not to mention funding. They need higher performance but within the same power envelope. To find out what Intel has in store for the HPC [...]

For many insurers, analyzing policy and claims data pulled from disparate systems is no easy feat. In search of an enterprise data model and warehouse, Insurance House partnered with Skywire Software based in Frisco, Texas. Internal reports and product design analytics are now produced in near real-time, and the reduced integration costs have allowed the [...]

Oklahoma-based Central National Bank (CNB) drives ATMs and issues and processes prepaid cards on its own behalf as well as for other financial institutions. A few years ago, the bank identified a golden opportunity to hook its prepaid card system and an array of other self-service transaction services into the switch using Postilion’s integrated solution [...]

Joe Pimbley on Physics and Risk
Joseph Pimbley knows better than most the challenging environment facing financial services firms. ACA Capital Holding’s former executive vice president of institutional risk management though is used to stepping back and taking a look at the fundamentals. It comes with his years as a physicist. WFS spoke with Dr. Pimbley [...]

CME Group, formed when the Chicago Mercantile Exchange and the Chicago Board of Trade merged in 2007, is the world’s largest and most diverse exchange, but with size comes challenges. The company needed a faster, more streamlined way to conduct audits of companies clearing transactions through it, and to share that information among auditors and [...]

The financial industry’s data mavens know well that crisis inspires change. New regulations and increasing volumes have been moving data management up to the notice of company decision-makers. But how far has the industry gotten in considering managing data content as an asset? For some, enterprise data management seems to be getting more its due [...]

Silverlight, Microsoft’s new cross-platform and cross-browser plug-in, holds tremendous promise across all areas of financial services to meet rising demands among workers and consumers for rich, interactive online experiences. To help drive that potential, Microsoft is creating a series of innovative demos for presentation at industry events as well as in individual meetings with banks, [...]